Commencement
- Section 219 makes provision about when the provisions of this Act will come into force. Along with this Part, the following provisions come into force on the day it is passed:
- powers in Parts 1 to 5 to make regulations;
- duties to issue codes of practice relating to cryptoassets (under new section 303Z25 of POCA) and to information orders (under new section 339ZL of POCA and new section 22F of TACT);
- amendments to POCA made by sections 182 and 184 relating to exiting and paying away and offences of failure to disclose.
- The following provisions come into force 2 months after Royal Assent: sections 196, 197 and 198 and Schedule 12 (relating to attributing criminal liability to certain bodies); and section 213 (about reports on implementation and operation of Parts 1 to 3).
- Part 2 of Schedule 8 (relating to confiscation orders in Scotland) comes into force on a day to be appointed by Scottish Ministers, after consulting the Secretary of State, and Part 3 of Schedule 8 (confiscation in Northern Ireland) comes into force on a day to be appointed by the Department of Justice in Northern Ireland, after consulting the Secretary of State.
- Other provisions come into force on a day to be appointed by the Secretary of State, who must:
- consult the Scottish Ministers and the Department of Justice in Northern Ireland before commencing certain provisions of Schedule 9 (relating to civil recovery of cryptoassets under POCA) so far as they extend to Scotland or to Northern Ireland respectively;
- publish guidance under section 204(3) before commencing section 199 (relating to failure to prevent fraud).
